SLM Dividend History & Yield
SLM Corporation · NasdaqGS
Upcoming dividend payments
| Ex-date | Pay date | Per share | Per 100 shares | Status |
|---|---|---|---|---|
| Fri, Dec 4, 2026 (in 86 days) | Dec 15, 2026 | $0.13 | $13.00 | Estimated |
| Fri, Mar 5, 2027 (in 177 days) | Mar 16, 2027 | $0.13 | $13.00 | Estimated |
| Fri, Jun 4, 2027 (in 268 days) | Jun 15, 2027 | $0.13 | $13.00 | Estimated |
| Fri, Sep 3, 2027 (in 359 days) | Sep 14, 2027 | $0.13 | $13.00 | Estimated |
Estimated dates and amounts are projected from SLM's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $0.52 per share.
Dividend payment history
Last 40 payments per share. RegularSpecial
Annual dividends per share
How much SLM do you need for monthly income?
| Target income | Shares needed | Capital at today's price | Per year |
|---|---|---|---|
| $100 / month | 2,308 | $60,646 | $1,200 |
| $500 / month | 11,539 | $303,231 | $6,000 |
| $1,000 / month | 23,077 | $606,462 | $12,000 |
Based on the forward yield of 1.98%. $10,000 in SLM would currently pay about $198 a year ($16 a month on average). Model reinvestment and growth →
SLM dividend history
| Ex-date | Pay date | Amount | Change |
|---|---|---|---|
| Sep 4, 2026 | Sep 15, 2026 | $0.13 | +0.0% |
| Jun 4, 2026 | Jun 15, 2026 | $0.13 | +0.0% |
| Mar 5, 2026 | Mar 16, 2026 | $0.13 | +0.0% |
| Dec 4, 2025 | Dec 15, 2025 | $0.13 | +0.0% |
| Sep 4, 2025 | Sep 15, 2025 | $0.13 | +0.0% |
| Jun 5, 2025 | Jun 16, 2025 | $0.13 | +0.0% |
| Mar 5, 2025 | Mar 17, 2025 | $0.13 | +0.0% |
| Dec 5, 2024 | Dec 16, 2024 | $0.13 | +18.2% |
| Sep 5, 2024 | Sep 16, 2024 | $0.11 | +0.0% |
| Jun 6, 2024 | Jun 17, 2024 | $0.11 | +0.0% |
| Mar 1, 2024 | Mar 15, 2024 | $0.11 | +0.0% |
| Dec 1, 2023 | Dec 15, 2023 | $0.11 | +0.0% |
| Aug 31, 2023 | Sep 15, 2023 | $0.11 | +0.0% |
| Jun 1, 2023 | Jun 15, 2023 | $0.11 | +0.0% |
| Mar 2, 2023 | Mar 15, 2023 | $0.11 | +0.0% |
| Dec 1, 2022 | Dec 15, 2022 | $0.11 | +0.0% |
| Sep 1, 2022 | Sep 15, 2022 | $0.11 | +0.0% |
| Jun 2, 2022 | Jun 15, 2022 | $0.11 | +0.0% |
| Mar 3, 2022 | Mar 15, 2022 | $0.11 | +0.0% |
| Dec 2, 2021 | Dec 15, 2021 | $0.11 | +266.7% |
| Sep 2, 2021 | Sep 15, 2021 | $0.03 | +0.0% |
| Jun 3, 2021 | Jun 15, 2021 | $0.03 | +0.0% |
| Mar 4, 2021 | Mar 15, 2021 | $0.03 | +0.0% |
| Dec 3, 2020 | Dec 15, 2020 | $0.03 | +0.0% |
| Sep 3, 2020 | Sep 15, 2020 | $0.03 | +0.0% |
| Jun 4, 2020 | Jun 15, 2020 | $0.03 | +0.0% |
| Mar 5, 2020 | Mar 16, 2020 | $0.03 | +0.0% |
| Dec 5, 2019 | Dec 16, 2019 | $0.03 | +0.0% |
| Sep 5, 2019 | Sep 16, 2019 | $0.03 | +0.0% |
| Jun 6, 2019 | Jun 17, 2019 | $0.03 | +0.0% |
| Mar 4, 2019 | Mar 15, 2019 | $0.03 | -44.0% |
| Mar 5, 2014 | Mar 21, 2014 | $0.0536 | +0.0% |
| Dec 4, 2013 | Dec 20, 2013 | $0.0536 | +0.0% |
| Sep 4, 2013 | Sep 20, 2013 | $0.0536 | +0.0% |
| Jun 5, 2013 | — | $0.0536 | +0.0% |
| Feb 27, 2013 | — | $0.0536 | +20.0% |
| Dec 5, 2012 | — | $0.0447 | +0.0% |
| Sep 5, 2012 | — | $0.0447 | +0.0% |
| May 30, 2012 | — | $0.0447 | +0.0% |
| Feb 29, 2012 | — | $0.0447 | +25.0% |
| Nov 30, 2011 | Dec 16, 2011 | $0.0357 | +0.0% |
| Aug 31, 2011 | Sep 16, 2011 | $0.0357 | +0.0% |
| Jun 1, 2011 | Jun 17, 2011 | $0.0357 | -60.0% |
| Feb 28, 2007 | Mar 16, 2007 | $0.0893 | +0.0% |
| Nov 29, 2006 | Dec 15, 2006 | $0.0893 | +0.0% |
| Aug 30, 2006 | Sep 15, 2006 | $0.0893 | +0.0% |
| May 31, 2006 | Jun 16, 2006 | $0.0893 | +13.6% |
| Mar 1, 2006 | Mar 17, 2006 | $0.0786 | +0.0% |
| Nov 30, 2005 | Dec 16, 2005 | $0.0786 | +0.0% |
| Aug 31, 2005 | Sep 16, 2005 | $0.0786 | +0.0% |
| Jun 1, 2005 | Jun 17, 2005 | $0.0786 | +15.8% |
| Mar 2, 2005 | Mar 18, 2005 | $0.0679 | +0.0% |
| Dec 1, 2004 | Dec 17, 2004 | $0.0679 | +0.0% |
| Sep 1, 2004 | Sep 17, 2004 | $0.0679 | +0.0% |
| Jun 2, 2004 | — | $0.0679 | +11.8% |
| Mar 3, 2004 | — | $0.0608 | +0.0% |
| Dec 3, 2003 | — | $0.0608 | +0.0% |
| Sep 3, 2003 | — | $0.0608 | +0.0% |
| Jun 4, 2003 | — | $0.0608 | +104.0% |
| Mar 5, 2003 | — | $0.0298 | +0.0% |
| Dec 4, 2002 | — | $0.0298 | +25.0% |
| Sep 4, 2002 | — | $0.0238 | +0.0% |
| Jun 5, 2002 | — | $0.0238 | +0.0% |
| Feb 27, 2002 | — | $0.0238 | +0.0% |
| Dec 5, 2001 | — | $0.0238 | +14.3% |
| May 30, 2001 | — | $0.0208 | +0.0% |
| Feb 28, 2001 | — | $0.0208 | +0.0% |
| Nov 29, 2000 | — | $0.0208 | +9.4% |
| Aug 30, 2000 | Sep 15, 2000 | $0.0191 | +0.0% |
| May 31, 2000 | — | $0.0191 | +0.0% |
| Mar 1, 2000 | — | $0.0191 | +0.0% |
| Dec 1, 1999 | — | $0.0191 | +6.7% |
| Sep 1, 1999 | — | $0.0179 | +0.0% |
| Jun 2, 1999 | — | $0.0179 | +0.0% |
| Feb 24, 1999 | — | $0.0179 | +0.0% |
| Dec 2, 1998 | — | $0.0179 | +7.1% |
| Sep 2, 1998 | — | $0.0167 | +0.0% |
| Jun 3, 1998 | — | $0.0167 | +0.0% |
| Feb 25, 1998 | — | $0.0167 | +0.0% |
| Dec 3, 1997 | — | $0.0167 | +11.4% |
| Sep 3, 1997 | — | $0.015 | +0.0% |
| Jun 4, 1997 | — | $0.015 | +0.0% |
| Feb 24, 1997 | — | $0.015 | +0.0% |
| Dec 3, 1996 | — | $0.015 | +10.0% |
| Sep 3, 1996 | — | $0.0136 | +0.0% |
| Jun 4, 1996 | — | $0.0136 | +0.0% |
| Feb 22, 1996 | — | $0.0136 | +0.0% |
| Dec 4, 1995 | — | $0.0136 | +8.1% |
| Aug 31, 1995 | — | $0.0126 | +0.0% |
| Jun 2, 1995 | — | $0.0126 | +0.0% |
| Feb 16, 1995 | — | $0.0126 | +0.0% |
| Nov 30, 1994 | — | $0.0126 | +5.7% |
| Aug 29, 1994 | — | $0.0119 | +0.0% |
| Jun 2, 1994 | — | $0.0119 | +0.0% |
| Feb 17, 1994 | — | $0.0119 | +0.0% |
| Dec 1, 1993 | — | $0.0119 | +16.7% |
| Aug 27, 1993 | — | $0.0102 | +0.0% |
| Jun 2, 1993 | — | $0.0102 | +0.0% |
| Feb 22, 1993 | — | $0.0102 | +0.0% |
| Dec 1, 1992 | — | $0.0102 | +20.0% |
| Aug 28, 1992 | — | $0.0085 | +0.0% |
| May 29, 1992 | — | $0.0085 | +0.0% |
| Feb 20, 1992 | — | $0.0085 | +0.0% |
| Dec 2, 1991 | — | $0.0085 | +25.0% |
| Aug 27, 1991 | — | $0.0068 | +0.0% |
| May 29, 1991 | — | $0.0068 | +0.0% |
| Feb 20, 1991 | — | $0.0068 | +0.0% |
| Dec 3, 1990 | — | $0.0068 | +53.9% |
| Aug 28, 1990 | — | $0.0044 | +0.0% |
| May 30, 1990 | — | $0.0044 | +0.0% |
| Feb 21, 1990 | — | $0.0044 | +0.0% |
| Dec 1, 1989 | — | $0.0044 | +30.0% |
| Aug 28, 1989 | — | $0.0034 | +0.0% |
| May 24, 1989 | — | $0.0034 | +25.0% |
| Feb 22, 1989 | — | $0.0027 | +0.0% |
| Dec 1, 1988 | — | $0.0027 | +48.2% |
| Aug 26, 1988 | — | $0.0018 | +0.0% |
| May 31, 1988 | — | $0.0018 | +0.0% |
| Feb 23, 1988 | — | $0.0018 | +0.0% |
| Dec 1, 1987 | — | $0.0018 | +50.0% |
| Aug 25, 1987 | — | $0.0012 | +0.0% |
| Jun 1, 1987 | — | $0.0012 | +0.0% |
| Feb 24, 1987 | — | $0.0012 | — |
SLM dividend increases & cuts
Market-wide changes →No change to SLM's regular dividend detected in the last year of data.
Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.
Payout risk check
SLM scores 5/100 on our yield-trap heuristic (low risk).
1 warning flag raised:
- Share price down more than 15% over 1 year
This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.
About SLM Corporation
SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It provides retail deposit accounts, including high-yield savings accounts, money market accounts, and certificates of deposit; and interest-bearing omnibus accounts. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.
Sector: Financial Services. Industry: Credit Services. First dividend on our records: Feb 24, 1987. 123 payments tracked. Data last refreshed Sep 8, 2026. Spotted a mistake? Report it and we'll fix it.
SLM dividend FAQ
When is SLM's next ex-dividend date?
SLM's next ex-dividend date is Dec 4, 2026 (in 86 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.13 per share, expected on Dec 15, 2026.
How often does SLM pay dividends?
SLM pays dividends every quarter, 4 times a year. The most recent payment was $0.13 per share with an ex-date of Sep 4, 2026.
What is SLM's dividend yield?
SLM's trailing 12-month dividend yield is 1.98%, based on $0.52 per share paid over the last year and a share price of $26.28. The forward yield, using the indicated annual rate of $0.52 per share, is 1.98%.
How much does SLM pay per share?
SLM pays about $0.13 per share each quarter, which works out to roughly $0.52 per share a year. 100 shares would collect about $52.00 a year.
Has SLM grown or cut its dividend?
Over the last 5 years the regular payout has grown at 34.1% a year (+0.0% over the last year). There has been no cut to a regular payment in the last 5 years.
How many shares of SLM do I need to earn $100 a month?
At the current forward yield of 1.98%, you would need about 2,308 shares of SLM (roughly $60,646 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.
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